Thank you for your response.
Your solution is hinged on the fact there is a vendor credit. This vendor credit is applied to a bill that is the excess amount charged.
My situation is different. The Vendor has refunded the excess charge by a credit card refund. I have used the Credit Card Credit transaction to record it in QB. Question is how do I reconcile. In summary I need to transfer funds from Vendor account to credit card account.
I have listed the sequence of events that have occurred. What QB transactions do I perform at each event?
I guess I'm missing something here, this situation is common -- credit card partial refund and should be possible to capture in QB.
Looking for guidance.
